MADRID, Spain.- The Superior Court of Justice of London ruled this Tuesday in favor of the Cuban regime on the trial for the lawsuit filed by the investment fund CRF.
“At a hearing held this Tuesday, April 4 (08:45 London hours) at the High Court of England and Wales, Judge Sara Cockerill notified the lawyers for the parties of the judgment corresponding to the lawsuit filed by the vulture fund CRF I Limited against the Republic of Cuba and the National Bank of Cuba (BNC). The judicial resolution confirms that the irregularities committed by BNC officials, first subject to a criminal investigation and later a judicial sentence, were reasonable reasons for the Cuban government to deny its consent to assign the debt in favor of CRF”, the official media have indicated to share a note signed by regime spokesman Humberto López.
However, the case continues against the Banco Nacional de Cuba.
News in development…
